Challenge Preparatory Academy Charter School

990EZ • Fiscal year 2023 • EIN 47-4230865

Jul 01, 2022 to Jun 30, 2023 • Filed on Dec 08, 2025

Organization Profile

1948 Ellis StreetAugusta, GA 30904

(706) 431-7298

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.41x

Higher debt load relative to assets than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

0.15x

Higher debt load relative to revenue than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

15%

Higher net margin than 68% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

$80,086

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 40.5% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

166%

Faster asset growth than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

114%

Faster revenue growth than 91% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets89th percentile

Assets

$73,621

Up $45,908 (+166%) from 2022

Net Assets

$43,541

Up $24,861 (+133%) from 2022

Liabilities

$30,080

Up $21,047 (+233%) from 2022

Revenue And Expenses

Liabilities / Revenue85th percentile Net Margin68th percentile

Revenue

$197,599

Up $105,187 (+114%) from 2022

Expenses

$168,903

Up $66,313 (+65%) from 2022

Net Income

$28,696

Up $38,874 (+382%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2023

Assets$73,621

Liabilities$30,080

Net Assets$43,541

Open 2023 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2023

Revenue$197,599

Expenses$168,903

Net Income$28,696

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2022 to Jun 30, 2023
Signed: Dec 8, 2025
Return Version: 2022v5.0
Gross Receipts: $197,599

Mission and Program Overview

Mission

SEE PART III STMT

Program Services

Description	Grants	Expenses
Provided elementary and Middle School education for 18 children	$37,859	$168,905

Compensation and Service Providers

Top Officer Pay97th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
MAYREATHER WILLIS	Principal	FT	$80,086	-	$80,086
SANFORD LOYD	Treasurer	-	$0	-	-
MELVIN IVEY	President	PT	$0	-	-
ASHA WILLIS	Director	-	$0	-	-
NAKESHA ROLLE	Director	-	$0	-	-
TERRI GHANT	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Challenge Preparatory Academy
EIN: 47-4230865
Phone: 7064317298
Address: 1948 ELLIS STREET, AUGUSTA, GA 30904

Signing Officer

Name: Mayreather Willis
Title: Principal
Phone: 7064317298
Signed: 2025-12-08
Discuss with paid preparer: No

Supplemental Narrative

Additional Explanations

Part I, line 16

“Description: INSURANCE Amount: 4291”

Part I, line 16

“Description: FUNDRAISING Amount: 555”

Part I, line 16

“Description: PROCESSING FEES Amount: 2034”

Part I, line 16

“Description: SUPPLIES Amount: 14896”

Part I, line 16

“Description: FOOD Amount: 2734”

Part I, line 16

“Description: PHONE INTERNET Amount: 922”

Part I, line 16

“Description: OFFICE AND POSTAGE Amount: 266”

Part I, line 16

“Description: EQUIPMENT RENTAL Amount: 439”

Part I, line 16

“Description: SUBSCRIPTIONS AND DUES Amount: 1262”

Part I, line 16

“Description: INTEREST Amount: 1282”

Part I, line 16

“Description: PAYROLL TAXES Amount: 8648”

Part I, line 16

“Description: MISCELLANEOUS Amount: 232”

Part I, line 20

“Description: PENALTIES Amount: -3832”

Part I, line 20

“Description: ROUNDING Amount: -3”

Part II, line 24

“Description: EQUIPMENT BOY Amount: 22500 EOY Amount: 22882”

Part II, line 26

“Description: CURRENT LIABILITIES BOY Amount: 9033 EOY Amount: 5080”

Part II, line 26

“Description: LONG TERM LIABILITIES BOY Amount: 0 EOY Amount: 25000”

Raw XML Appendix181 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/AddressChangeInd	0	X
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	AUGUSTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	30904
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	5213
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	50739
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	18914
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IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	27713
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	73621
IRS990EZ/GrossReceiptsAmt	0	197599
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LoansToFromOfficersAmt	0	25000
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	true
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	18680
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	43541
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	18680
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	43541
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	14300
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	2
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	1
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	1
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	80086
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	MAYREATHER WILLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	SANFORD LOYD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	MELVIN IVEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	ASHA WILLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	NAKESHA ROLLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	TERRI GHANT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRINCIPAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	DIRECTOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	22500
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	22882
IRS990EZ/OtherChangesInNetAssetsAmt	0	-3835
IRS990EZ/OtherExpensesTotalAmt	0	37561
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	SEE PART III STMT
IRS990EZ/ProgramServiceRevenueAmt	0	178685
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	Provided elementary and Middle School education for 18 children
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	37859
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	168905
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	110604
IRS990EZ/SchoolOperatingInd	0	true
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	9033
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	30080
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	168903
IRS990EZ/TotalProgramServiceExpensesAmt	0	168905
IRS990EZ/TotalRevenueAmt	0	197599
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990ScheduleA/InvestmentIncomeCYPct	0	0
IRS990ScheduleA/InvestmentIncomePYPct	0	0
IRS990ScheduleA/PublicSupportCY509Pct	0	0
IRS990ScheduleA/PublicSupportPY509Pct	0	0
IRS990ScheduleA/SchoolInd	0	X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleE/ComplianceWithRevProc7550Ind	0	true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceAthltProgInd	0	false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd	0	false
IRS990ScheduleE/DiscriminateRaceOtherActyInd	0	false
IRS990ScheduleE/DiscriminateRaceSchsInd	0	false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd	0	false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd	0	false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd	0	false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd	0	false
IRS990ScheduleE/MaintainCpyOfAllSolInd	0	true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd	0	true
IRS990ScheduleE/MaintainRacialCompRecsInd	0	true
IRS990ScheduleE/MaintainScholarshipsRecsInd	0	true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd	0	true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd	0	true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd	0	true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt	0	25000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd	0	true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd	0	false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt	0	OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd	0	X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt	0	25000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm	0	MELVIN IVEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt	0	DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd	0	true
IRS990ScheduleL/TotalBalanceDueAmt	0	25000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description: INSURANCE Amount: 4291
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description: FUNDRAISING Amount: 555
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description: PROCESSING FEES Amount: 2034
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Description: SUPPLIES Amount: 14896
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	Description: FOOD Amount: 2734
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	Description: PHONE INTERNET Amount: 922
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	Description: OFFICE AND POSTAGE Amount: 266
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	Description: EQUIPMENT RENTAL Amount: 439
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	Description: SUBSCRIPTIONS AND DUES Amount: 1262
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	Description: INTEREST Amount: 1282
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	10	Description: PAYROLL TAXES Amount: 8648
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	11	Description: MISCELLANEOUS Amount: 232
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	12	Description: PENALTIES Amount: -3832
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	13	Description: ROUNDING Amount: -3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	14	Description: EQUIPMENT BOY Amount: 22500 EOY Amount: 22882
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	15	Description: CURRENT LIABILITIES BOY Amount: 9033 EOY Amount: 5080
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	16	Description: LONG TERM LIABILITIES BOY Amount: 0 EOY Amount: 25000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	8	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	9	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	10	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	11	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	12	Part I, line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	13	Part I, line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	14	Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	15	Part II, line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	16	Part II, line 26
ReturnHeader/BuildTS	0	2025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	false
ReturnHeader/BusinessOfficerGrp/PersonNm	0	MAYREATHER WILLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRINCIPAL
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7064317298
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2025-12-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	CHALLENGE PREPARATORY ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt	0	CHAL
ReturnHeader/Filer/EIN	0	474230865
ReturnHeader/Filer/PhoneNum	0	7064317298
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	1948 ELLIS STREET
ReturnHeader/Filer/USAddress/CityNm	0	AUGUSTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	GA
ReturnHeader/Filer/USAddress/ZIPCd	0	30904
ReturnHeader/Form8822BAttachedInd	0	X
ReturnHeader/IRSResponsiblePrtyInfoCurrInd	0	true
ReturnHeader/ReturnTs	0	2025-12-09T16:06:35-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2022-07-01
ReturnHeader/TaxPeriodEndDt	0	2023-06-30
ReturnHeader/TaxYr	0	2022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $73,621
Liabilities: $30,080
Net assets: $43,541
Revenue: $197,599
Expenses: $168,903
Net income: $28,696

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.58	$0.30	$0.28	$1.91	$2.06	$0.16
2023Detailed filing. Detailed filing data is available for this year.	$0.74	$0.30	$0.44	$1.98	$1.69	$0.29
2022Detailed filing. Detailed filing data is available for this year.	$0.28	$0.09	$0.19	$0.92	$1.03	$0.10